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NYU Squeezes Billions from Its Students

News from Underground

May 22, 2015

“The Art of the Gouge”: Shocking New Report by NYU Faculty Details How NYU Bilks Millions from Its Students to Finance Real Estate and Pay for Top Executives; Renew Call for Full Financial Transparency

Members of New York University’s faculty have issued a blistering 14,000 word report on how NYU has been gouging its own students (and their families) to raise billions for gratuitous real estate transactions and lavish compensation packages for NYU’s own top executives.

Concerned about their students’ ever worsening financial plight and wild spending by NYU’s Board of Trustees, the professors, many of them members of NYU Faculty Against the Sexton Plan (NYUFASP), spent this past academic year researching NYU’s financial practices. Interviewing scores of students, both undergraduate and graduate, and studying the fine print in NYU’s own documents, the professors “followed the money” to reveal:

Read more . . .

Related:

With No Other Choice, This Student Resorted to Prostitution to Meet NYU’s Soaring Price [Huffington Post] Sep 9, 2015

Two New York universities make list of fastest growing Sugar Baby Schools of 2015 [New York Daily] Jan 12, 2015